Tasman Resources Ltd · ASX:TAS
Tasman Resources — Investor Presentation (August 2010)
38 slides from Tasman Resources's investor presentation, August 2010
Slide 1: Vulcan - The Next Olympic Dam?
Vulcan- The Next Olympic Dam? Greg Solomon Chairman
Slide 2: Tasman Group Corporate Overview
Tasman Group Corporate Overview Tasman Resources Ltd Minerals Cu, Au, U, Ag, (TAS) Pb, Zn, Ni , Oil Shale 17.8%* 28.0%* Eden Energy Ltd Fission Energy Ltd (EDE) (FIS) 100% Hydrogen & Hythane 50% 50% Pyrolysis Mt Thirsty Co-Ni 50% Coal Bed Methane 100% 100% SA Natural Gas Uranium – SA, WA 100% Geothe
Slide 3: Tasman Resources: Project Locations
Tasman Resources: Project Locations Lake Torrens: IOCGU Vulcan/ Zeus Mirrica: Au, Cu/Zn/Pb Parkinson Dam: Au/Ag/Zn/Pb Central Gawler: Au, Ni Streaky Bay: U
Slide 4: Olympic Dam
Olympic Dam • World’s largest IOCGU deposit - worlds largest uranium deposit ≈ 2.54 million tonnes U3O8 (≈ 40% of world U3O8 ) - worlds fourth largest copper deposit: ≈79mt Cu - world’s fourth largest gold deposit: ≈79moz Au - ≈ 14,000 tonnes of silver - ≈ 2 billion tonnes of iron – not being recove
Slide 5: Olympic Dam: Tectonic Lineaments Involved in the Discovery
Olympic Dam: Tectonic Lineaments Involved in the Discovery
Slide 6: Lake Torrens Project: Targets
Lake Torrens Project: Targets
Slide 7: Lake Torrens Project Summary
Lake Torrens Project Summary Tasman-- 100% Tasman • > 2,000 km2 of tenements adjacent to Olympic Dam • 6 Confirmed / interpreted IOCGU systems/ prospects within ~ 35 km of Olympic Dam • Vulcan - new IOCGU system discovered Nov 2009 -30 km north of Olympic Dam - IOCGU mineralisation – Cu, Au, Ag, U,
Slide 8: Vulcan and Other Regional Targets
Vulcan and Other Regional Targets
Slide 9: Vulcan: S-N Seismic Reflection Profile
Vulcan: S- S-N Seismic Reflection Profile S SHD 1 VUD 001 N Cover Sediments Basement Strong Seismic Reflectors in Basement – IOCGU? Geoscience Australia – PIRSA 2003 Traverse OD 1
Slide 10: Olympic Dam: W-E Seismic Reflection Profile
Olympic Dam: W- W-E Seismic Reflection Profile W E Cover Sediments Basement Seismic Reflectors in Basement (Olympic Dam Breccia Complex, SE limb) Geoscience Australia – PIRSA 2003 Traverse OD 2
Slide 11: Olympic Dam - Vulcan: Residual Gravity Comparison
Olympic Dam - Vulcan: Residual Gravity Comparison (calculated residual gravity response if Vulcan at same depth as OD) Olympic Dam Vulcan 2km 2km
Slide 12: Vulcan Prospect: Comparisons
Vulcan Prospect: Comparisons
Slide 13: Vulcan IOCGU Project
Vulcan IOCGU Project Residual Gravity Image and Tasman drilling
Slide 14: Olympic Dam – Vulcan: Area Comparison
Olympic Dam – Vulcan: Area Comparison OD breccia complex Olympic Dam approx. 10km2 Vulcan 2km Vulcan interpreted gravity (hematite-rich) target approx. 11km2 2km
Slide 15: Vulcan Drill Core: VUD 001
Vulcan Drill Core: VUD 001 NQ Drill Core: depth approx. 928m
Slide 16: Vulcan VUD 001: Breccia Styles
Vulcan VUD 001: Breccia Styles Heterolithic, sulphide- rich breccia Mineralised, hematite matrix- rich breccia (py, cpy) Heterolithic, carbonate breccia (py, cpy, hem)
Slide 17: VUD 001: Copper Mineralisation
VUD 001: Copper Mineralisation cpy hem py
Slide 18: VUD 001: Copper Mineralisation
VUD 001: Copper Mineralisation hem carb cpy
Slide 19: Vulcan VUD 001: Down-hole correlation of IOCGU metals
Vulcan VUD 001: Down-hole correlation of IOCGU metals Cover Sediments Cover Sediments Basement Basement U3O8 Cu Au Cu
Slide 20: Vulcan: VUD 3
Vulcan: VUD 3 Drillcore – 877.11- 883.37m Originally bright brick-red granite/gneiss - now strongly brecciated and veined/ intensely altered - consists of hematite, carbonate (siderite), sericite and sulphides (pyrite, chalcopyrite and minor molybdenite).
Slide 21: Vulcan: VUD 3 Massive Sulphides - 930.2 - 930.9m
Vulcan: VUD 3 Massive Sulphides - 930.2 - 930.9m py cpy
Slide 22: Parkinson Dam Gold – Silver Project
Parkinson Dam Gold – Silver Project
Slide 23: Parkinson Dam – High Grade Mineralisation
Parkinson Dam – High Grade Mineralisation • PD 63: 21m @ 21g/t Au, 83g/t Ag (inc 9m @ 31g/t Au, 152 g/t Ag) • Classic epithermal veining • Gold (electrum ~ 35% Ag) • PD 64: 3m @ 18.1% Pb, 1.1% Zn, 44.2g/t Ag • Epithermal mineralisation > 4.5 km2
Slide 24: Parkinson Dam: High Grade Au/Ag plus Zn/Pb
Parkinson Dam: High Grade Au/Ag plus Zn/Pb PD 63 - high grade Au/Ag Multiple Zones of thick Zn/Pb (Ag), e.g. *50m @ 0.9% Zn, 0.3% Pb *185m+ @ 0.3% Zn, 0.1% Pb Vector pointing towards higher grades to be drilled
Slide 25: Fission Energy Ltd
Fission Energy Ltd* Ltd* *Tasman – 28 % fully diluted
Slide 26: Fission Energy Ltd: Mt Thirsty JV – Key Points
Fission Energy Ltd Mt Thirsty JV – Key Points SULPHIDE DEPOSIT –Nickel - 6m @ 3.4% Ni incl 2m @ 6.75% OXIDE DEPOSIT -Production by 2015 • 29 Mt - 0.14% Co, 0.56% Ni, 0.9% Mn • PFS started -2 Mtpa throughput- 15 year mine life • 4,000 tpa Co (mixed sulphide) – top ten producer • 9,000 tpa Ni (mixed s
Slide 27: Favourable Project Location
Favourable Project Location Excellent logistics Located within 4km of existing road and rail infrastructure to the port of Esperance Proximity to Norseman allows residential workforce • Road • Rail • Water • Gas Esperance Port 210 km
Slide 28: Mt Thirsty - Nickel, Cobalt, Manganese
Mt Thirsty- Thirsty- Nickel , Cobalt, Manganese Interpreted Lava Channel Embayment 28
Slide 29: Mt Thirsty - Nickel Sulphides
Mt Thirsty- Thirsty- Nickel Sulphides High grade Nickel discovered May 2010 6 metres @3.4% Ni, including 2m @6.75% 29
Slide 30: Oxide Deposit
Oxide Deposit Geology – Shallow -Not Typical Laterite 30
Slide 31: Oxide Project - Versatile Products
Oxide Project - Versatile Products Manganese Ni/Co Mixed Carbonate Sulphide
Slide 32: Eden Energy Ltd
Eden Energy Ltd COAL SEAM / SHALE/CONVENTIONAL (UK) • Eden Energy Limited - 50% Joint venture ( with Coastal Oil and Gas) -11 Licences - 5% Joint venture ( with Coastal Oil and Gas / Centrica)- 4 CSM licences - 50% Joint venture/Farm-in ( with Coastal Oil and Gas ) -4 NG Licences • 18 Licences - Wal
Slide 33: Eden Energy Ltd: Natural Gas (South Australia)
Eden Energy Ltd NATURAL GAS (SOUTH AUSTRALIA) Location: Proximal to Olympic Dam Seismic mining Drill target identified Higher risk ( Proterozoic age), but very Intention to combine with CSM in new close to huge industrial gas market gas company- discussions commenced (Olympic Dam) Drilling planned w
Slide 34: Eden Energy Ltd: Geothermal
Eden Energy Ltd GEOTHERMAL SOUTH AUSTRALIA 4 project areas, 15 licences/ applications GEL 185-adjacent to Geodynamics GEL 185- JV with Origin Energy- $1m + $500k expenditure for 70%. Planned float of Terratherma on the ASX August 10 34 August 10 34
Slide 35: Corporate Structure - August 2010
Corporate Structure - August 2010 • Issued Shares (TAS)– 193, 787,678 • Options (TASOB) – 20,589,396 – 10c / 30 June 2012 • Market Cap - $22.3m • Cash - $2.1m
Slide 36: Contact Details
Contact Details Tasman Resources Ltd Greg Solomon Chairman 2 The Esplanade Perth Western Australia Australia Tel +61 8 9282 5889 www.tasmanresources.com.au
Slide 37: Competent Person’s Statement
Competent Person’s Statement The information in this presentation that relates to Exploration Results and Activities is based on information compiled by Robert Smith and Michael Glasson who are Members of the Australian Institute of Geoscientists. Robert Smith and Michael Glasson are full-time emplo
Slide 38: Disclaimer
Disclaimer The interpretations and conclusions reached in this presentation are based on current geological theory and the best evidence available to the authors at the time of writing. It is the nature of all scientific conclusions that they are founded on an assessment of probabilities and, howeve
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